June 14, 2011 09:28 AM Eastern Daylight Time
SCOTTSDALE, Ariz. & MEXICO CITY--(BUSINESS WIRE)--Hypercom Corporation (NYSE: HYC) today announced that Mexico’s largest bank, BBVA Bancomer, has selected and will deploy more than 10,000 Optimum M4230 mobile payment systems to its merchant customers. Hypercom’s M4230 replaces an incumbent provider’s product and was selected in head-to-head competition with other global payment providers. Financial terms were not disclosed.
“BBVA Bancomer’s selection of Hypercom’s high security electronic payment systems reinforces our already significant footprint, is a major endorsement by the premier bank in Mexico and represents a very important win in the MCCA region this year”
“BBVA Bancomer’s selection of Hypercom’s high security electronic payment systems reinforces our already significant footprint, is a major endorsement by the premier bank in Mexico and represents a very important win in the MCCA region this year,” said Samia Bounaira, Vice President and Managing Director, Mexico, Caribbean and Central America (MCCA), Hypercom Corporation.
For additional information on Hypercom’s mobile payment systems, please click here.
About BBVA Bancomer
BBVA Bancomer, the largest financial institution in Mexico, is an affiliate of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE: BBVA), a global financial group based in Spain that offers individual and corporate customers the most complete range of financial and non-financial products and services. BBVA employs 104,000 people in over 30 countries around the world, has more than 47 million customers and 900,000 shareholders. For more information on BBVA, please visit their website at http://www.bbva.com.
About Hypercom
Global payment technology leader Hypercom Corporation delivers a full suite of high security, end-to-end electronic payment products, software solutions and services. The Company's solutions address the high security electronic transaction needs of banks and other financial institutions, processors, large scale retailers, smaller merchants, quick service restaurants, and users in the transportation, petroleum, healthcare, prepaid, self-service and many other markets. Hypercom solutions enable businesses in more than 100 countries to securely expand their revenues and profits. Hypercom is a founding member of the Secure POS Vendor Alliance (SPVA) and is the second largest provider of electronic payment solutions and services in Western Europe and third largest provider globally.
Hypercom and Optimum and Design are registered trademarks of Hypercom Corporation. All other products or services mentioned in this document are trademarks, service marks, registered trademarks or registered service marks of their respective owners.
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